Search results for: Reuters

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22 February 2019 Business & Finance

Shell is interested in entering the UK offshore wind market, Mark Gainsborough, executive vice president at Shell New Energies, told Reuters. The company plans to crack the UK offshore wind market through either acquiring a share in an existing project, acquiring an entire project, or by securing seabed leases later this year, Gainsborough told Reuters […]

11 May 2018 Business & Finance

Polish state-owned power producer Polska Grupa Energetyczna (PGE) has withdrawn from bringing the country’s first nuclear power plant to realisation and decided to focus on building offshore wind farms instead, according to Reuters, which cites two sources confirming this. 

24 May 2018 Business & Finance, Contracts & Tenders

Polish state-owned utility Polska Grupa Energetyczna (PGE) has announced a tender offer to acquire a 100% stake in Poland’s largest privately-owned energy company – Polenergia.

19 January 2018

Wind farms in the UK have set a national record over the past few days with an output surpassing 10GW, according to UK media, which refers to information provided by Drax Electric Insights, based on data from Elexon and National Grid.

10 January 2018 Authorities, Contracts & Tenders, R&D

Norway’s Statoil could participate in the country’s first floating wind tender under the condition that there are sufficient long-term subsidies, the company’s Chief Executive Eldar Saetre told Reuters.

31 December 2017 Contracts & Tenders

Germany Confirms Two Additional Offshore Wind Farm Links The German Federal Network Agency has added two more offshore wind farm connection systems to the revised Offshore Grid Development Plan (O-NEP) 2030. 32 Beatrice Foundations In Place Seaway Heavy Lifting’s (SHL) vessel Oleg Strashnov installed the 32nd of 86 jacket foundations on the 588MW Beatrice offshore […]

27 December 2017 Business & Finance, Contracts & Tenders, Ports & Logistics

Danish offshore wind developer Ørsted did not submit a bid in the subsidy-free round of the Hollandse Kust Zuid I & II offshore wind farm tender in the Netherlands, Reuters reported the company’s chief strategy officer Martin Neubert as saying.

1 November 2017 Business & Finance, Grid Connection, Wind Farm Update

Norwegian energy company Statoil plans to sign a power purchase agreement with a U.S. utility by the end of 2018 in order to develop an offshore wind project off New York, a senior company official told Reuters.

30 October 2017 Business & Finance, Contracts & Tenders, Wind Farm Update

The developers of the commercial offshore wind farms in the Dutch Borssele Zone (which also comprises a demonstration site) are looking to sell electricity to corporations, according to Reuters. 

29 September 2017 Business & Finance

Italian shipbuilding company Fincantieri will take over STX France, after Italian and French governments agreed on a shared ownership agreement on Wednesday, 27 September. 

14 June 2017 Business & Finance, Wind Farm Update

Statkraft is set to commence the formal divestment processes for its 40% share in the Sheringham Shoal and 30% share in the Dudgeon offshore wind farms. The company will commence the sale this month, with an aim to complete the transaction early next year, according to Reuters.

7 June 2017 Business & Finance

Statoil has identified Japan the U.S. states of California and Hawaii as prime markets for the development of floating wind farms, Irene Rummelhoff, the Norwegian energy company’s head of New Energy Solutions told Reuters.

13 April 2017 Authorities, Business & Finance, Contracts & Tenders, Environment, Grid Connection, R&D, Technology

Oil and gas major Royal Dutch Shell has called on the government in the Netherlands to increase its target for installed offshore wind capacity by 2030 to 20 gigawatts, Reuters reports.

3 March 2017 Business & Finance, Contracts & Tenders

The European Commission will decide on the Siemens-Gamesa merger by 13 March. The deal involves Gamesa absorbing Siemens’s wind power assets in exchange for newly-issued shares in Gamesa, with Siemens owning 59% of the new company and Iberdrola retaining an 8% interest.

20 January 2017

At a nomination hearing held by the US Senate Committee on Energy and Natural Resources yesterday, Rick Perry, who has been chosen by the newly-elected US president Donald Trump to lead the Department of Energy (DoE), reflected on his statement made several years ago that led to concerns on him being in charge of DoE.  Namely, with […]

15 December 2016 Authorities, Business & Finance

US President-elect Donald J. Trump yesterday announced his intent to name former Texas Governor Rick Perry as Secretary of the U.S. Department of Energy (DOE), which resulted in mixed response from the renewable energy sector.  Some have voiced their concerns about Rick Perry heading the DOE and thus adding another member to the government to […]

29 November 2016 Business & Finance

Following the appointment of J.P. Morgan to asses the market conditions for a potential sale of its oil and gas business, DONG Energy is now reportedly in negotiation with Maersk over a merger of their fossil fuel units, as DONG is focusing fully on offshore wind and Maersk on transport and logistics.  The merger would result in a […]

23 November 2016 Business & Finance

EDF EN wants to boost its presence in the offshore wind sector as part of plans to increase its renewable energy capacity to more than 50GW by 2030. The French-based energy company is looking into China as one the international markets where it could expand. “We’ve started discussions with some Chinese partners to see whether we […]

7 November 2016 Business & Finance, Environment, Grid Connection

E.ON Climate & Renewables (ECR), the renewables unit of the German energy company E.ON, plans to invest in one offshore wind project every two years as the company halved its renewable energy investment pipeline due to changing market regulations, ECR’s CEO Michael Lewis told Reuters. ECR is cutting its pipeline from 10GW reported in summer 2015 to 5GW this […]

3 October 2016 Authorities, Business & Finance, Environment, Grid Connection, Operations & Maintenance, R&D, Technology, Training & Education, Vessels, Wind Farm Update

Areva Sells Its Stake in Adwen to Gamesa for EUR 60 Million Areva has decided to sell its 50% stake in the offshore wind turbine manufacturer Adwen for EUR 60 million to Gamesa, with which Areva had a 50-50 ownership in the joint venture and which is now in a merger process with Siemens. Borssele […]

18 September 2016

Vattenfall to Build Two Nearshore Wind Farms in Denmark Vattenfall has won the Danish nearshore wind tender after submitting the final bid for Vesterhav Syd and Vesterhav Nord sites on 1 September and offering the lowest bid of 0,475 kr/kWh. Borssele Story Not Over for Shell? Royal Dutch Shell is considering bidding at the upcoming […]

9 September 2016 Business & Finance

Royal Dutch Shell is considering bidding at the upcoming Dutch tender for 680MW Borssele III and IV offshore wind sites, according to Reuters.  The second Borssele tender will open next week (16 September) and close on 29 September. The oil and gas giant took part in the Borssele I and II tender as part of […]

4 September 2016

Adwen Preparing Bremerhaven Site for 8MW Prototype Offshore wind turbine maker Adwen has begun the civil works on the site in Bremerhaven where the first prototype of its AD 8-180 wind turbine will be installed. Report: Gamesa and Siemens Turn Down GE’s Bid for Adwen Gamesa and Siemens have rejected GE’s first bid to buy […]

2 September 2016 Business & Finance

French nuclear and renewable energy company Areva has turned down a non-binding offer made by General Electric (GE) for the offshore wind turbine maker Adwen, a 50 -50 joint venture between Areva and Spain’s Gamesa, Reuters reports. GE is said to be interested in some of Adwen’s technology and its French order book, but the company […]

1 September 2016 Authorities, Business & Finance, Environment, Grid Connection, Operations & Maintenance, R&D, Technology, Training & Education, Vessels, Wind Farm Update

USA Just Got Its First Offshore Wind Farm “The Block Island Wind Farm is now fully constructed,” Jeff Grybowski, Deepwater Wind’s CEO, informed via social media on 18 August. Bilfinger Exits Offshore Wind Foundations Business Germany’s VTC Group Munich has bought Bilfinger’s share in Bilfinger Mars Offshore, a Poland-based manufacturer of steel foundations for offshore […]

31 August 2016 Business & Finance, Technology

Gamesa and Siemens have rejected GE’s first bid to buy offshore wind turbine manufacturer Adwen, Reuters cited sources familiar with the matter as saying. However, GE still has an option to improve its bid before the deadline, a source told Reuters. Adwen is a 50-50 joint venture established in March 2015 between Gamesa and France’s […]